Giving property investors a a stable capital gain of 10.91% for the last year, Cooktown, 4895 is the 936th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Cooktown,4895 has racked up an average of 10.91% over the period. This ranks it number 2246th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Cooktown 4895 should be seeing an average reduction in asking price of around -11.74% . This means that Cooktown is holding prices well when compared to other suburbs in QLD.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 5.63%, without taking into account capital value appreciation, which has been averaging out at 1.88%.